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<br /> _ .. �.. _ - _ , - _ -- 92--� 1Oq96� � �� ; :
<br /> �' petiod�thu i�ender raryires• The u�wr+noe cacrier pcoviding the inc�a�ncr shaU 6c chosee bq Bamwer subjoct to Lender's .
<br /> apprtiivat which sl�all not be u�r+ea�anabtY withheid.�if Bo�r+c��ru fails ta�naintaia rnverage des�.�ri6od a6ove�i,ender may.at
<br /> Isaks's o�xio�t.�obt�ia cm'eraSe to pmtect Le�der's rigtus in the Fro�etty in accoddanoe with paragraph�. -:
<br /> - AL!insata�sce policies and renswal�st�fi.be accep�abie m I..soder and sltal{incYude a st�ndaM mnrtgagt cfause. Lender
<br /> shait have the rig�►t to 6otA tbr polisies and anervats. If l�ender�equire�.Bomower shall promptlY 8tve to L.endet ali Kaip[s .
<br /> - -= of p�id poemiums�nd.rc�w�notices. In t6e ovent of loss.Boimw�shal!give prampt notice to the insur.�nce Gurier and _
<br /> � Lender. L.ender may make pmaf of loss if not iti�de pranQtiy bY Bormarer.
<br /> - - - Utdess.Lender.and Borrower otberwise agroe in wnung,�c P�s shall be�pptied to cestaratiat or n�air aF
<br /> - - --- tt�e P�opatY darnage�l.if tix�estoration ar r�epair is economic�tiy fensi'bTe art�"txnders s�car�tgis-naE t� �f thr----
<br /> resio�adon or repair u noc economiratty feasible or I.ender's secwity would be lessened.th�iasuran�e pmcceds shait bc
<br /> applied to tlx smns secured by this Security Incuamen�urtxther a not then due.witb any e:cess paid to Bomower. If �
<br /> --- -- Bamwer abandons the P�aperty.or dces not answer within 30 days a notice from Lender that the insurance c3rrier has
<br /> -= offaed to seUJc a claim,tGw i.ender may coltecE the ias�ance prucecds. Lender may ase the proceeds to repair or nestorc
<br /> �s�: tt�ePraQe�ty a to Pay;ums secnred by this Secarity In�ment,wbether or not d�due. 'li�e 30day period wifl6egin when
<br /> - the notice is given.
<br />=LL-�: Uakss Lender and BoRUwt4':othecwise agnee in writing.,anY a!>P�cation of proceeds ta principat shall twt eatend or
<br />�'� ' postpane the d�e datc of the manthiy payments refem�d w in.paiagraphs t and 2 or changc the amount of ehe payrments. If.
<br />- under�a�lt 21 the Property is acquired by Lender,Bamwer's right to any a�uarice poliaes and praceeds resuIting
<br />., - fioin dvtwge w the Prope[ty prior m tlre acqnisition shall pass�to Lendec to the exteM af the swns secuted by this 3e9eurity.
<br />- - Inswment immediately priar to the acquisitioa � : —
<br /> 6. [kdtp�AFy. Prt�:ervation. Mainteaarrce �nd Protection�6F t6e Pcopecty: Barrower's Loan Appliptbn;
<br /> i.ea�e6olds. Bormwer si�all accupy,establish,and use the Ptopeny as Biu�iwer's principal cesidence within sixty days after
<br /> - � the qaecutian of tltis Se�cm�ity Ia..vatment and shall coa6nue.to occupy tfie:Property as Borrower's pcincipa}residence for at
<br /> �� '� - . teast one year a8er.the date 9f occupancy.:uniess�Lender otherwi.�.,��rees in writing. whicb cansent shall nat be
<br />` nnmasonabty witithet�or�unl�s'e�fenuating cmeumstanc�es exisa whir'fi:"3ii,f�eyand Borrower's conuoL Borrower shalt not --
<br /> destroy.damage or iinpa'v ttie Piaperty.allow the Property to deceriai-�"r�'commit waste ar ttle Propaty: Borrawer shall
<br /> ' be in default if arry forfeiau�ac�•op or proceeding,whethe�civil or cm�t;is begun that in l.endec"s-�ood faith jndgment --�
<br /> �;��f. could resu[t in forfeiture af�e:�coperty os aherwise materially imp�r��te lien cc�°aie�by this Secunty instrument or =_�-�_-
<br /> • � _. � l.enders securiry inte�es�. Becc�iu��r may cure sucfi a default and reinstate,as provide��i ga�aph 18.by caasing the action . �,�.,,., ;
<br /> - :� or pnoceeding to be d�smisse�:.:���a tuling.that.in Lender's good faith dei�irutiLau�ir;,.�s:�4�forFeiture af the Bomnwer� �...�,�„ :,
<br /> •• _ -..:�` '. . , interest in the Prapecty or other muterial impairment of the lien create�ti���i�`3eediicy In�uum�ar.ar Lenders�ecuriry :.;*.''�,"
<br /> _ � ' ` interest. Bortov�ec�tiall also be in default if Borrower. durirtg the.t�.�'4.riication process. gave materia lly�false or _,,,;;.`_;.-
<br /> , - _� ���, '� inaccar�te info���a+�or statemen�c to l.ender(or failed ta provide Ixmdc���n any material tnformafion7 in wnnection with �>�;=•`_-
<br /> . • _Jf...�i..i��v. 'ys� ..., iC..__
<br /> - the tes�r evide�'r�..,fiy the Nate. irtcluding, but not limited to,repres�.:�-`ucs concarring Borrower:s accupancy of the �,f= =.
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<br /> - j ' . as a L� a�residence. if�his Security Instrument ic on a Ieas�F�:'�:Sarrowe�shall comply with all the pmvisions ` `'_•=`'
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<br /> �. '� � of the tease. if Bcirwcr acquires fee title to the Property.the teasehofd::u,€:�e fee title shall not merge untess L.end�zr agrees =� R�r'�:�
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<br /> _ �"°�� 7. PnotecGua+of Lenders Aights in the Property. If Bonawerf�iis to perform the covenant�s and agreements :. �"Y,-<.�
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<br /> ' cantained in this.Sectiri Ia�ment,or there is a le al m that ma si Scantl pffect Lxnder's ri tc in the "`
<br /> . ,'. ;. ty S P��� S Y • E�!-_ Y � �rt;::,_
<br /> ' �:=i�',�` ' Froperty(such ati a proceedin�in 6.3nlcruptcy.pro6ate.for condemnation or fodeiture e�rt�enforce laws or regula6ons).then �;`.�n�`::
<br /> � ,����'=� �`-� L e n d�.�m a y d o a n d p a y f o r u fi.a��s e r i s n e c e�..a ry t o p r a t e c t t h e v a l u e a f t h e P r o p e m�►d l.e n d e r y ri g h t s i n t h e P ro p e r t y. ---�'� _
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<br /> , ��j��L.` ,�!1;�,,•;� Lender's aciions may include pa-�ing any sums secured by a lien which bas priarity as•er iL�is 5ecurity lnstrumenG appearing _
<br /> ";ra�"��' :�'� in court, a in ceasonable attome s fees and enterin on the Prapea t+r make a:n.-. Althou l.ender ma take action
<br /> :�:�-., ... - P Y s 9•� S Y �P S� Y , . _
<br /> �'�"_ '°.:=; under this paragraph 7.I.ersdcr does not have w da so. . -
<br /> ��� �' '' -�`• Any amounts di�buned by Lender uqder tfiis parapaph 7�hap!�✓;erce additional deht of Borrower secured by this
<br /> ��'�'��.�;',:��: . Security Instrument. Untess Borrawer and Lender agrec ta other terms r.Fpa}men�these amounts shatl bear intcrest fram ihe .._ � -_
<br /> -•s�: date of dicbursement at the Note rate and shall be payable.�;tfi[ntece��..:rpnn natice fmm Lender to Borrawer reqa�ting ,
<br /> �� -:�� :��;, `. payment. . ::
<br /> `"``�' -- - 8. Ma�t}�Age Insuranee. li'Lender required martgage insurartc'e a..a condition of makin�rhe loan secured by thig . � �.;
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<br /> 5ecurity In�tmment.Borrowcr shall pay�he premiums reyuired[o maints`:1'the mortgage inyurance in effec� If,for any .
<br /> `'�;�� �� � , reasan, the ma»gage in�urance coverage required by Lender lap+es or rzase�ta he _n effect. H4rrower yhali pay the
<br /> ,� ' '-��`'t�i;��;,i- �. premiums required tn abtain careragc su6stantialty cquivalent to the mortgage imur-.r,;c prcviou`ty in effect, at a cost • .}
<br /> {y���;�"'`� ' substantially eyuivatent to the cc�st to 8orrawcr af ihe mortgage insuranre prcviou<!y in�ffect,fram an altematc martgage :,•,:% '
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<br /> . r'. insurer approved by Lender. If subtit:�ntially equivalent mongage insurance ca�•crage i.not available,Borrower�hal{pay to •_�'���`���. �__
<br /> ��'��;�: l.ender each month s►sum equal to one-twelfth of the yearty martgage im.�rance premium heing paid hy Banawer when the =
<br /> }',,+;� • ,
<br /> ,�„��'i.,; insurunce coverage lapsed or ceaveel ta be in eifec�. Lender will Accept,a�and retain these paymenGti�.�a ta�s reyerve in lieu
<br /> - -:=i-- oi mortgage iasurance. Lnsc reserve payments may no IoaEer!� reau�:�:d.u1 thc option af Lender.ii'martgA�e intiurancc �;�
<br /> ' �+���<<;`:�="�- � caverage(in the umaunt and for the perkNl that[.ender m.�uir��:�proc iutiA by.�n imurer:�ppravcd by l.ender�gam beeanieti .
<br /> `�==:r•'-��'-"�� availAble and is obtaincd.Borcower.rhull puy the premiucr�ti r�x;uiract ta maimain mong:tgv imurance m cffeci.ar ta provide a • �
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<br /> , -=�'��• �: locc rescrve.w[:F t��te requiremcnt far mortga�e*h�urance csfd�in uccor�^ace�vith any���rittcn a�recment betwccn Borrbwcr .
<br /> � , ;�:' ' , a�d i.cndcr or app�icubtc law., .
<br /> � , 9. lnspection. Lendcr or iG�aocnt ni.n;makc re:GU��wE�te entric:•e�{a�n;uid in�perlion�nf the Prnpeny. Lender shall
<br /> � •�•:��:,•':���+ �� €itie 8ottawer notice ut the time of ur prior t�an inspecti��ce.�ceifying rca�cmabtc cauti�for thr in.pectian.
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<br /> ' ''�� °' � t0 4andemnalion. 'fhe rocecd�af an award or cEa="r:�Pur elama e. direct ar co�tic uential,in amneclion tivith:�oy
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